host: from new york city, democrat blind, go ahead. caller: thank you for taking my call. even if we go over the fiscal cliff, we need a bigger plan because it does not even balance the budget. i don't think we really have a supply-side problem. they talk about cutting taxes on the right and i think there are so many people out of work and i think you need to get these people to work. i just think we have a demand issue, not a supply issue. if you're out of work, you cannot pay taxes. guest: he is exactly right -- no one is talking about a fiscal cliff that will solve the problem. there is no grand bargain being discussed except in the most general outline terms. there is enough to be -- nothing close to being politically acceptable. we're only talking of something of that will allow people to get through this. in the short term, we need to have fiscal policy that may get the deficit higher than what it would be. ben bernanke was saying the deficit could be cut too far and too fast at the same time. this has to be the time where we don't go into an austerity program. we ar